• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Wyndham Asset Affiliation Model - WAAM

Goofyhobbie

TUG Lifetime Member
Joined
Jan 9, 2009
Messages
1,206
Reaction score
24
Points
348
In late 2009 Wyndham came up with a "fee-for-service" program dubbed the Wyndham Asset Affiliation Model (WAAM).

Rather than purchase the unsold condo inventories of other developers who found themselves in financial difficulty, Wyndham is contracting to convert the projects to timeshare units and sell them.

Because Wyndham will convert condos to timeshares while leaving their ownership in the hands of real estate developers and possibly real estate lenders who are now in control of slow-to-sell projects, Wyndham stands to increase its sales inventory and its profit without putting out an enormous amount of its own capital.

So far the projects so converted are in North Myrtle Beach, SC and Orlando, FL; but rumor has it that their are at least ten similar projects already in the pipeline.

What this means to current Wyndham owners is new inventory in places where many TUGGERS enjoy vacationing. Most of the inventory is probably going to show-up in quanity in RCI Extra Vacations or the Wyndham Endless Vacations at first with more inventory available in future years as units are sold through the retail market.

Go to the Link to the On-line Club Wyndham Plus Member's Directory to get point charts and other information about these new opportunities as they are posted by Wyndham. [Tower On The Grove Point Charts are already available.]

See the threads below for more information on Wyndham Towers On The Grove which went into timeshare sales this past Spring:

Wyndham Vacation Resort's Towers on the Grove, N. Myrtle Beach, SC

Interesting, Wyndham taking over Towers On The Grove Condo In North Myrtle Beach

The most recent WAAM project was announed at the Timeshare & Fractional Ownership Site for the Magazine: Perspective on August 6, 2010 as Reunion Resort in Orlando, FL.

The current word is that the Reunion Resort will be available for Wyndham Owners for internal booking in 2011. To get an idea of how nice the Reunion Resort will be go to this Wyndham link: Reunion Resort & Club Wyndham Grand Resort

Tug Thread about Reunion Resort & Club Wyndham Grand Resort, Orlando, FL
 
Last edited:

deedman

newbie
Joined
Apr 16, 2010
Messages
217
Reaction score
0
Points
0
Location
burbs
looks beautiful, I read somewhere that reunion will only have 3 br units.
 

jjmanthei05

TUG Member
Joined
Apr 12, 2010
Messages
1,289
Reaction score
1
Points
248
Location
WI
On RCI extra vacations you can rent between a 1 and 5 bedroom unit but I don't know if all of those will be converted over to Wyndham.

Jason
 
Top